Listen to this article

Canada Goose, the apparel company known for its winter outerwear, disclosed its plans on Wednesday for an initial public offering.

The Toronto-based company said it plans to raise $100m, a figure that is often used as a placeholder for calculating registration fees.

Canada Goose said in a filing with US securities regulators that list its shares on both the New York and Toronto stock exchanges.

The 60-year old company’s sales rose by 41.6 per cent to CAD$352.7m in the nine months to the end of December 2016 from the same period in the previous year, according to the filing. Net profits were also up to CAD$45.1m from CAD$35.7m.

Canada Goose’s plan to hit the public market comes after Aritizia — a women’s retailer known for its Wilfred and Babaton brands and its individually designed boutiques with a mix of local influences — floated its shares last autumn. Aritizia, also based in Canada, saw its shares shoot at high as CAD$18.95 in October, but have since pulled back to CAD$16.49. The company priced at C$16.

This post has been amended to reflect sales of CAD$352.7m not CAD$352.7bn